Catch and release - n - the practice of hooking up with someone and not becoming emotionally/physically attached to them.
As a result, other people have a chance to hook up with this person because he or she has been "caught and released" back into the wild.
Ben: "Yo I nailed this girl last night"
Dave: "So are you going to call her later?"
Ben: "Hell no man, I practice catch and release. That way, you can have a shot with her next weekend."
Dave: "Thanks Ben. You are a great person and a noble gentleman."
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